From Reuters, 11/12/07:
http://www.reuters.com/article/domesticNews/idUSN1220502220071112?feedType=RSS&feedName=domesticNews
Pump price to jump 20 cents next 2-3 weeks: government
By Tom Doggett
WASHINGTON (Reuters) -
U.S. consumers could pay record gasoline prices for the upcoming
Thanksgiving holiday with pump costs expected to climb another 20
cents over the next two to three weeks, the government's top energy
forecaster warned on Monday.
Guy Caruso, who heads the U.S. Energy Information Administration, said
not all of the recent jump in crude oil prices has been reflected in
motor fuel costs which now top $3 a gallon in many parts of the
country, about 80 cents more than a year ago.
"We haven't seen the full pass-through (of high oil prices) yet,"
Caruso told reporters at a briefing on oil market conditions held at
Energy Department headquarters.
"I would say what's in the pipe right now (for gasoline) is about
another 20 cents."
If the projected gasoline price materializes it would be the most
consumers have ever paid to fill up at Thanksgiving and could break
the all-time high of $3.22 a gallon set last May.
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And you Repugs are doin' what about it
Harry
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